The central province of Quang Tri is calling for investment in 80 key projects in a wide range of fields under an investment attraction plan for the 2023-2025 period, with a vision until 2030.
PM Pham Minh Chinh has recently signed a directive on the inspection, review, and investment in the construction of schools, healthcare centers in urban, residential areas and industrial zones, and public toilets in schools and urban areas.
As an economic locomotive, Ho Chi Minh City has always led the country in terms of investment attraction, drawing the attention of foreign investors from around the world.
Ho Chi Minh City (HCMC) absorbed about US$3.94 billion in foreign direct investment (FDI) in 2022, up 5.4 percent year-on-year, according to the municipal People’s Committee.
The central city of Da Nang will commence construction of Lien Chieu Port on a total 450ha with an investment of over VND3.42 trillion (US$137 million).
Minister of Transport Nguyen Van Thang proposed that World Bank (WB) help Vietnam find suitable partners for the country’s North-South high-speed rail project. This proposal was made in a working session with WB’s National Director in Vietnam at the beginning of this December.
The delegation of the steering committee for the HCMC’s “Vietnamese people prioritize using Vietnamese goods” campaign led by Chairwoman of the Vietnam Fatherland Front in the city, Tran Kim Yen has paid a 5-day visit to Thailand’s Bangkok from November 24-28.
The Vietnam Maritime Administration has just submitted a national detailed seaport plan for 2021-2030 with a vision to 2050 to the Ministry of Transport, including a prioritized project list and capital needed for an investment to develop public infrastructures and seaports.
Ring Road No.2 of Ho Chi Minh City is critical in reducing the traffic pressure for the inner city. Sadly, after many years launching the construction project, there is still a section of 14km unable to finish owing mostly to a capital lack and trouble in land clearance.
As a three-year pilot program allowing Vietnamese people to gamble at a casino on Phu Quoc Island in the southern province of Kien Giang is set to finish by the end of this year, the Ministry of Finance has asked for a two-year extension due to the Covid-19 pandemic badly affecting the casino business over the last two years.
Vietnam and India should further strengthen connectivity to record more robust growth in bilateral trade, which is expected to hit US$15 billion this year and surpass the record the two countries set in 2021, Indian analysts have said.
Amid a new wave of investors arriving in Vietnam to explore its opportunities for foreign businesses, Ho Chi Minh City has strong potential to attract investment and drive innovation and sustainable growth, experts said.
The People’s Committee of Binh Duong Province on August 25 said that the agency is assigning Investment and Industrial Development Corporation (Becamex IDC) to build the construction and investment project of Ring Road No.4 in Ho Chi Minh City with a total length of 199 kilometers and expected investment capital of around VND100,000 billion (US$4.3 billion).
Deputy Director of the HCMC Department of Education and Training Le Hoai Nam proposed the Government issue decree and preferential policy of land, credit and tax in order to encourage socialization of investment in non-state owned schools and kindergartens in export processing zones and industrial parks in HCMC.
Speaking at the meeting with Ho Chi Minh City leaders, Prime Minister Pham Minh Chinh emphasized that promptly removing difficulties and obstacles to help Ho Chi Minh City recover and develop stronger socio-economic with a focus on removing bottlenecks related to key public investment projects in the southern metropolis such as the Ring Road 3 project and the Metro line No.1.
The Ministry of Transport (MoT) has approved 12 sub-projects of a mega project to build the eastern section of the North-South Expressway in the 2021-2025 period.
The delegation of HCMC high-ranking officials led by Chairman of the HCMC People’s Committee Phan Van Mai had a meeting on calling for investment in the technology sector with U.S. businesses in Silicon Valley on July 22 (local time).
The Trade Office of Vietnam in the UK in collaboration with the British importer of oriental food EUTEK Group has hosted Meet Vietnam in Nottingham to introduce Vietnamese products and promote opportunities for trade and investment between Vietnam and the British city.
Ho Chi Minh City (HCMC) is calling for investment into 197 projects in ten key areas, including infrastructure development, agriculture, industry, trade and services, healthcare, tourism, education and housing, an official told the Vietnam – Europe Business Forum in the southern largest economic hub on June 30.